Stephen A. Vintz - Mar 20, 2024 Form 4 Insider Report for Tenable Holdings, Inc. (TENB)

Role
Chief Financial Officer
Signature
/s/ David Bartholomew, Attorney-in-Fact
Stock symbol
TENB
Transactions as of
Mar 20, 2024
Transactions value $
-$4,203,833
Form type
4
Date filed
3/22/2024, 05:57 PM
Previous filing
Mar 14, 2024
Next filing
Apr 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TENB Common Stock Options Exercise $185K +78.4K +30.4% $2.36* 336K Mar 20, 2024 Direct F1
transaction TENB Common Stock Sale -$3.85M -78.4K -23.31% $49.07 258K Mar 20, 2024 Direct F2, F3
transaction TENB Common Stock Options Exercise $27.4K +11.6K +4.49% $2.36* 270K Mar 21, 2024 Direct
transaction TENB Common Stock Sale -$569K -11.6K -4.3% $49.11 258K Mar 21, 2024 Direct F2, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TENB Employee Stock Option (right to buy) Options Exercise $0 -78.4K -74.32% $0.00 27.1K Mar 20, 2024 Common Stock 78.4K $2.36 Direct F5
transaction TENB Employee Stock Option (right to buy) Options Exercise $0 -11.6K -42.77% $0.00 15.5K Mar 21, 2024 Common Stock 11.6K $2.36 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 668 shares were acquired under the Issuer's Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.00 - $49.30, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.00 - $49.43, inclusive.
F5 100% of the shares underlying the option were vested as of October 15, 2018.